Kappy
Long

Anticipating a Vertical Wave 3

POLONIEX:BCHSVUSDC   Bitcoin SV / USD Coin
121 views
3
121 5
BSV is showing strength in an otherwise down day in the market. https://snag.gy/16UCMz.jpg

The correction could get more complex but the potential move upward based on wave count suggests it needs to be a vertical wave 3. If not, that's likely the invalidation of this bullish count. Don't want to miss this upward move. Stops can be placed at the wave 2 low for a low risk trade.
Aug 14
Comment: Wave 2 is going deeper and I suspect it's a complex correction. Better entry price at about 93.50.
Sep 07
Comment:
Hi, any update to share here? :)
Reply
Kappy jegner
@jegner, this is how price has played out since my last update. Very difficult to count, however, it's clearly corrective, sideways movement which supports the anticipated bullish setup. Still, a new low below what is currently labeled W would be ideal. That could be a sharp breakdown from the current consolidation.
+1 Reply
Entering at 100 just incase
Reply
Kappy Youtrade1
@Youtrade1, yeah, I'm already in partially and plan to add based on how the wave structure plays out.
Reply
Wave 2 is going deeper and I suspect it's a complex correction. Better entry price at about 93.50.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out